MI HB5151

Requires insurers determined by the commissioner or court to have acted in bad faith in failing to timely pay benefits to send letters to the 3 largest national consumer reporting agencies.

Letters must state that any payment delinquency by the insured resulting from the insurer's bad faith is the insurer's fault, not the insured's fault.

Letters must request that consumer reporting agencies amend the insured's credit history accordingly.

Insurers failing to comply are liable to the insured for the greater of $10,000 or 3 times the actual damages sustained, plus reasonable attorney fees.

Defines "bad faith" by reference to section 2090 and "consumer reporting agency" by reference to the Fair Credit Reporting Act.